EXHIBIT 11.0 STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Three Months ended Nine Months ended March 31, March 31, ----------------- ------------------ 1998 1997 1998 1997 ---- ---- ---- ---- (In thousands, except per share amount) Net Income........................................................ $4,658 $4,123 $14,286 $6,598 ------ ----- ------- ----- Weighted average common shares outstanding........................ 9,161 8,266 8,799 8,318 Basic earnings per common share................................... $0.51 $0.50 $1.62 $0.79 ==== ==== ==== ==== Weighted average common shares outstanding........................ 9,161 8,266 8,799 8,318 Potential common stock due to dilutive effect of stock option........................................ 559 471 538 398 ------ ------ ------ ------ Total shares for diluted earnings per share....................... 9,720 8,737 9,337 8,716 ===== ===== ===== ===== Diluted earnings per common share ................................ $0.48 $0.47 $1.53 $0.76 ==== ==== ==== ==== 25